BiggerPockets Real Estate Podcast

Snapshot · BiggerPockets Real Estate Podcast

Where We'd Invest in Real Estate Right Now (12 Markets)

Explore episode Jun 26, 2026

Where this was said

Short-Term Rental Pick #1: Myrtle Beach, South Carolina (Henry Washington)

At 18:54 · chapter starts 17:40

Henry Washington opens the short-term rental round by laying out his criteria: markets with above-average population growth, stable job growth, insurance costs near the national average, and — crucially — economies already built around vacation rentals. He wants markets where STRs are the norm, not a new concept that regulators might crack down on. Myrtle Beach, South Carolina checks every box. With 18 million annual visitors, 60 miles of coastline, and 78 golf courses, it's one of the country's most established tourist economies. The incorporated city of Myrtle Beach has some STR restrictions, but North Myrtle Beach's Cherry Grove area is investor-friendly and producing approximately $54,000 in annual revenue per property. High season runs June through August at 70–80% occupancy and $260–$300 per night; even the off-season winter months hold around $223 nightly. The math demands a careful eye on the mortgage payment during the slow months, but the overall numbers are strong.

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